Trump tariffs and the making of a trade war
Hindustan Times Uttarakhand|December 20, 2024
Before targeting the US's two neighbours and rival China, Donald Trump should bear in mind that there will be no winners in this war
Biswajit Dhar

Merely weeks before his inauguration as the United States (US) President for a second term, Donald Trump announced that he would implement his campaign promise of raising tariffs immediately after assuming charge. In two posts on his social media platform Truth Social, Trump stated that he would "sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders". He added, "This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!" Trump also accused Beijing of not taking strong enough action to stop the flow of illicit drugs into the US, stating that the US "will be charging China an additional 10% Tariff, above any additional Tariffs, on all of their many products" imported by the US.

Through these announcements, the president-elect targeted two sets of problems affecting the US he has consistently highlighted - the flow of illegal migrants and the opioid crisis. The former issue was among the central planks of Trump's election campaign, while the latter was also given considerable space. Over the past several years, the opioid crisis emerged as a major problem for the US due to a steep rise in the number of deaths from drug overdose, according to the US Drug Enforcement Administration. Synthetic opioids, including fentanyl illegally produced in China, contributed to the spurt in opioid deaths over the past decade.

هذه القصة مأخوذة من طبعة December 20, 2024 من Hindustan Times Uttarakhand.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 20, 2024 من Hindustan Times Uttarakhand.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من HINDUSTAN TIMES UTTARAKHAND مشاهدة الكل
Hindustan Times Uttarakhand

The Pole Star of India's chess camp, from Anand to Gukesh

Radosław Wojtaszek was around 21 years old and rated 2600 when he joined Viswanathan Anand's World Championship team. He had played against Anand in a Bundesliga game in 2007, which ended in a draw. Soon after, to the Pole's surprise, Anand asked him if he would be willing to join his team.

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3 mins  |
December 20, 2024
Hindustan Times Uttarakhand

LIVERPOOL IN LEAGUE CUP SEMIS, ARSENAL ADVANCE TOO

Liverpool moved into the League Cup semi-finals as the holders won 2-1 against managerless Southampton, while Gabriel Jesus ended his goal drought with a hat-trick in Arsenal's 3-2 victory over Crystal Palace on Wednesday.

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1 min  |
December 20, 2024
Hindustan Times Uttarakhand

Ashwin's call and why retirement can be a fresh start

Ashwin's sudden turn midway through a Test series has shocked everyone. It seems he ended his glorious spell angry/frustrated/disappointed; he wasn't central to the Indian team's plans anymore.

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3 mins  |
December 20, 2024
Hindustan Times Uttarakhand

Richa, Smriti take India to series win

Smriti Mandhana (77) and Richa Ghosh (54) led the charge in an emphatic win for India as they defeated West Indies by 60 runs in the third T20I, clinching the series 2-1 at the DY Patil in Navi Mumbai on Thursday.

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1 min  |
December 20, 2024
Hindustan Times Uttarakhand

KOHLI CONFRONTS MEDIA OVER FAMILY PRIVACY IN MELBOURNE

India batter Virat Kohli was involved in a verbal exchange with a media person at the Melbourne Airport, upon arriving in Victoria ahead of the Boxing Day Test at the Melbourne Cricket Ground (MCG).

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1 min  |
December 20, 2024
Hindustan Times Uttarakhand

ICC agrees on hybrid model, India to play CT games at a neutral venue

The International Cricket Council (ICC) on Thursday approved the hybrid model for next year's Champions Trophy, ending a month-long deadlock over the venue for the competition.

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2 mins  |
December 20, 2024
Hindustan Times Uttarakhand

Ashwin back home, says zero regrets on retirement

Off-spinner Ravichandran Ashwin returned home to Chennai on Thursday morning one day after his retirement from international cricket midway through India's ongoing Test series against Australia.

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2 mins  |
December 20, 2024
Hindustan Times Uttarakhand

Micromax, Phison form JV for storage chips

Indian mobile phone company Micromax Informatics has tied up with Taiwanese NAND storage chip maker Phison Electronics to develop high-end storage products for enterprise, automotive and artificial intelligence (AI) models.

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3 mins  |
December 20, 2024
Hindustan Times Uttarakhand

FMCG firms may hike prices by 5% amid rising costs

Your next pack of cookies could be lighter than the one you got for the same price last time.

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2 mins  |
December 20, 2024
Hindustan Times Uttarakhand

BHARTI AIRTEL PAYS ₹3,626 CR TO CLEAR 2016 SPECTRUM DUES

Indian telecom carrier Bharti Airtel has made an early payment of ₹3,626 crore to the Indian government, the company said on Thursday, settling all its liabilities for the spectrum acquired in 2016.

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1 min  |
December 20, 2024